T. Rowe Price Total Return ETF (NYSEARCA:TOTR) Sees Significant Growth in Short Interest
by Scott Moore · The Cerbat GemT. Rowe Price Total Return ETF (NYSEARCA:TOTR – Get Free Report) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totaling 11,914 shares, an increase of 93.7% from the March 15th total of 6,152 shares. Based on an average daily trading volume, of 6,165 shares, the short-interest ratio is currently 1.9 days. Approximately 0.1% of the company’s stock are sold short.
T. Rowe Price Total Return ETF Trading Up 0.2%
TOTR opened at $40.55 on Wednesday. The company’s fifty day moving average price is $40.65 and its two-hundred day moving average price is $40.81. T. Rowe Price Total Return ETF has a 1-year low of $39.77 and a 1-year high of $41.33. The company has a market cap of $552.29 million, a price-to-earnings ratio of 1.82 and a beta of 0.29.
T. Rowe Price Total Return ETF Cuts Dividend
The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 26th. Shareholders of record on Tuesday, February 24th were issued a dividend of $0.1742 per share. The ex-dividend date was Tuesday, February 24th. This represents a c) annualized dividend and a yield of 5.2%.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of TOTR. Susquehanna International Group LLP acquired a new position in T. Rowe Price Total Return ETF during the third quarter worth $1,188,000. Jones Financial Companies Lllp raised its holdings in T. Rowe Price Total Return ETF by 233.2% during the third quarter. Jones Financial Companies Lllp now owns 31,895 shares of the company’s stock worth $1,297,000 after buying an additional 22,322 shares during the last quarter. Jane Street Group LLC acquired a new position in T. Rowe Price Total Return ETF during the first quarter worth $782,000. Landmark Wealth Management LLC raised its holdings in T. Rowe Price Total Return ETF by 6.0% during the fourth quarter. Landmark Wealth Management LLC now owns 181,642 shares of the company’s stock worth $7,405,000 after buying an additional 10,243 shares during the last quarter. Finally, BankPlus Wealth Management LLC raised its holdings in T. Rowe Price Total Return ETF by 10.9% during the third quarter. BankPlus Wealth Management LLC now owns 85,511 shares of the company’s stock worth $3,487,000 after buying an additional 8,413 shares during the last quarter.
About T. Rowe Price Total Return ETF
The T. Rowe Price Total Return ETF (TOTR) is an exchange-traded fund. The ETF currently has 25.48m in AUM and 468 holdings. TOTR is an actively managed fund that provides diversified exposure to US fixed income securities. TOTR was launched on Sep 28, 2021 and is managed by T. Rowe Price.